The realized price (Realized Price) on this chart represents the average purchase price expected by market participants. Looking at the chart, it’s clear that market participants are increasingly trading at higher price levels.
In particular, from early 2024 to early 2025, Bitcoin prices surged, causing the realized price to rise sharply as well, and this trend is still ongoing. This reflects a significant increase in market demand.
If this trend continues, Bitcoin prices are likely to hit higher peaks after the current consolidation phase.
Written by Crypto Dan
